Innovator U.S. Equity Ultra Buffer ETF – October (BATS:UOCT) Stock Short Interest Climbs 383.8%

Innovator U.S. Equity Ultra Buffer ETF – October (BATS:UOCT) saw a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 11,257 shares, a growth of 383.8% from the September 15th total of 2,327 shares. Based on an average daily volume of 25,863 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.3% of the company’s shares are sold short.

Institutional Investors Weigh In On Innovator U.S. Equity Ultra Buffer ETF – October

Hedge funds and other institutional investors have recently modified their holdings of the business. Comprehensive Financial Planning Inc. PA purchased a new position in Innovator U.S. Equity Ultra Buffer ETF – October in the 2nd quarter worth about $70,000. Grove Bank & Trust bought a new stake in Innovator U.S. Equity Ultra Buffer ETF – October during the 3rd quarter valued at about $86,000. CoreCap Advisors LLC boosted its position in Innovator U.S. Equity Ultra Buffer ETF – October by 13.6% in the 2nd quarter. CoreCap Advisors LLC now owns 4,164 shares of the company’s stock valued at $171,000 after buying an additional 498 shares during the period. First Heartland Consultants Inc. purchased a new stake in Innovator U.S. Equity Ultra Buffer ETF – October in the 3rd quarter valued at about $205,000. Finally, Jim Saulnier & Associates LLC purchased a new stake in Innovator U.S. Equity Ultra Buffer ETF – October in the 2nd quarter valued at about $206,000.

Innovator U.S. Equity Ultra Buffer ETF – October Price Performance

Shares of BATS UOCT opened at $42.91 on Monday. The company has a market cap of $188.80 million, a P/E ratio of 25.03 and a beta of 0.32. Innovator U.S. Equity Ultra Buffer ETF – October has a 1 year low of $37.72 and a 1 year high of $42.95. The firm has a 50-day simple moving average of $42.13 and a two-hundred day simple moving average of $41.04.

About Innovator U.S. Equity Ultra Buffer ETF – October

The Innovator S&P 500 Ultra Buffer ETF – October (UOCT) is an exchange-traded fund that is based on the S&P 500 Price Return index. The fund aims for specific buffered losses and capped gains on the S&P 500 over a specific holdings period. The actively-managed fund holds options and collateral. UOCT was launched on Oct 1, 2018 and is managed by Innovator.